The average value of used LCVs sold at auction increased by 13.8% year-on-year in August, according to BCA.
The remarketing company said last month’s £7,892 average also represented a £75 increase compared with July.
Performance against guide price expectations also rose in August to 107.6%, the highest level seen so far this year.
BCA UK COO Stuart Pearson said: “August results were supported by some incredible buyer engagement, with confident bidding and rising values across the board. Stock churn improved, keeping sale entries very clean and with new sales still under pressure, professional buyers remain laser‑focused on acquisition to fill forecourt gaps.
“Condition is still king and whilst retail customers demand quality, many buyers are further stretching their parameters to include higher‑mileage or older vehicles if they’re clean enough for the forecourt.
“With demand holding firm and competition intensifying, August’s performance suggests that the used LCV market could strengthen further as we head into autumn.”
